Builders FirstSource, Inc. (NYSE:BLDR) Shares Purchased by Wilkinson Global Asset Management LLC

Wilkinson Global Asset Management LLC raised its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 3.1% during the fourth quarter, HoldingsChannel reports. The fund owned 72,088 shares of the company’s stock after acquiring an additional 2,144 shares during the quarter. Builders FirstSource comprises approximately 0.6% of Wilkinson Global Asset Management LLC’s holdings, making the stock its 29th largest position. Wilkinson Global Asset Management LLC’s holdings in Builders FirstSource were worth $10,304,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brooklyn Investment Group acquired a new position in Builders FirstSource in the third quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Builders FirstSource in the 4th quarter worth approximately $33,000. Reston Wealth Management LLC bought a new stake in shares of Builders FirstSource in the 3rd quarter valued at approximately $39,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Builders FirstSource during the 3rd quarter valued at approximately $46,000. Finally, Avion Wealth lifted its stake in Builders FirstSource by 728.6% during the fourth quarter. Avion Wealth now owns 348 shares of the company’s stock worth $49,000 after purchasing an additional 306 shares during the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BLDR has been the subject of several recent research reports. DA Davidson boosted their target price on shares of Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Wedbush reiterated an “outperform” rating and set a $230.00 price objective on shares of Builders FirstSource in a research note on Wednesday, December 18th. Barclays decreased their target price on Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. Raymond James initiated coverage on Builders FirstSource in a research report on Friday, January 17th. They set an “outperform” rating and a $180.00 price target on the stock. Finally, Stephens boosted their price objective on Builders FirstSource from $178.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $205.71.

Builders FirstSource Trading Down 3.9 %

Shares of NYSE:BLDR opened at $147.84 on Wednesday. The company has a 50 day moving average of $156.33 and a 200-day moving average of $171.01. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.83. The firm has a market cap of $17.01 billion, a P/E ratio of 14.44, a P/E/G ratio of 0.89 and a beta of 2.12. Builders FirstSource, Inc. has a twelve month low of $130.75 and a twelve month high of $214.70.

Builders FirstSource Company Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.